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QUESTION TWO
One major reason for undertaking
With regards to the above information examine how demand can be estimated in a market.
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- Question 1 – In 1993, McDonalds opened the first of its chain of McCafé coffee houses in Melbourne Australia. Since then, the chain has spread throughout the world with roughly 1,300 cafes worldwide. After further reading, provide the following: First, identify who you believe to be the target customer segment and customer need. Second, describe an appropriate marketing strategy (product, price, distribution, and promotion) for this offering. Target Market – Customer Need/Problem – Product – Price – Distribution – Promotion – NOTE: -no chatgpt answers -no plagiarism should be found -subject : businessQuestion 2Events and experiences such as the FIFA world cup competitions attract sponsors who put in substantial amounts of money.Assess the wisdom of being a headline sponsor at the FIFA world cup event.Q.1 A research in studying a factors contributing to consumer satisfaction indicates that the level of services quality by the company, sales promotion strategies, product features and pricing strategies will influence consumer satisfaction. Based on the situation; c) Describe TWO (2) research objectives. d) Identify THREE (3) research hypotheses.
- Question 1. The table below shows the sales figure for a brand of shoe over the last 12 months. Months Sales January 69 February 75 March 86 April 92 May 95 June 100 July 108 August 115 September 125 October 131 November 140 December 150 a. Using the following, forecast the sales for the months up to january the following year:- i. A simple three month moving average ii. A three period weighted moving average using weights of 1, 2, and 3. Assign the highest weight to the most recent data iii. Exponential smothing when α = .6 and the forecast for march is 350 vi. Detemine which of the three forecasting technique is the most accurate using MAD N.B. Only answer IVQuestion 1. The table below shows the sales figure for a brand of shoe over the last 12 months. Months Sales January 69 February 75 March 86 April 92 May 95 June 100 July 108 August 115 September 125 October 131 November 140 December 150 a. Using the following, forecast the sales for the months up to january the following year:- i. A simple three month moving average ii. A three period weighted moving average using weights of 1, 2, and 3. Assign the highest weight to the most recent data iii. Exponential smothing when α = .6 and the forecast for march is 350Managers of Best Buy had just implemented an e-commerce platform to expand their business in terms of customer base.Best Buy is a clothing retail store that offers value for money on clothing items for the family. Based on this, complete thetasks that follow.Question 1 Elaborate on the e-commerce model adopted by Best Buy and further explain ANY FOUR (4) benefits of thee-commerce model to the retail company.Question 2 Discuss ANY FIVE (5) popular payment methods for Best Buy to include in the e-commerce platform.
- QUESTION 1 The table below shows the sales figures for a brand of shoe over the last 12 months. Months Sales January 69 February 75 March 86 April 92 May 95 June 100 July 108 August 115 September 125 October 131 November 140 December 150 a. Using the following, forecast the sales for the months up to January the following year:- i. A simple three month moving average. [2 marks] ii. A three period weighted moving average using weights of 1, 2 and 3. Assign the highest weight to the most recent data. [3 marks] iii. Exponential Smoothing when α= .6 and the forecast for March is 350. [5 marks] iv. Determine which of the three forecasting technique is the most accurate using MAD. [4 marks]In the absence of a trend, how would sales be forecast by moving-average method?Urgent plz: None of answers provided previously were correct. Need correct answers. Organized A statistical program is recommended. The quarterly sales data (number of copies sold) for a college textbook over the past three years follow. Quarter Year 1 Year 2 Year 3 1 1,690 1,800 1,850 2 940 900 1,100 3 2,625 2,900 2,930 4 2,500 2,360 2,615 compute the quarterly forecasts for year 4. (Round your answers to the nearest ten.) quarter 1 forecast ________ quarter 2 forecast_______ quarter 3 forecast ________ quarter 4 forecast _______ Based upon the seasonal effects in the data and linear trend, compute the quarterly forecasts for year 4. (Round your answers to the nearest ten.) quarter 1 forecast ________ quarter 2 forecast_______ quarter 3 forecast ________ quarter 4 forecast _______
- If ABC Corporation has following historical data about sales volume: Years Sales Years Sales Years Sales Years Sales 2001 110 2006 99 2011 100 2016 110 2002 112 2007 101 2012 104 2017 111 2003 122 2008 95 2013 108 2018 109 2004 111 2009 98 2014 102 2019 114 2005 104 2010 96 2015 115 2020 112 Note: All the sale values are in thousands. Required: Which type of forecasting approach is suitable for this type of data? Which forecasting technique is best to employ in order to forecast the above data? And also define the suggested technique. Calculate the predicted values by employing the discussed technique in part (b) on the above data.TOPIC 3 FORECASTING, SALES & OPERATIONS PLANNING| What do you understand by; I.qualitative and quantitative forecast method . ii. the role of forecasting in supply chain management iii. short range and Long range forecastsElaborate clearly for each answer.b. Given the demand and forecast values shown in the following Table Q3b, i.Determine the three-period moving average forecast for November. ii. Analyze the exponential smoothing forecast for November using a = 0.35. iii. Evaluate the forecast error for September. C. Elaborate the purpose of sales & operation planning, and describe the S&OP process.d. Calculate the available-to-promise for periods 1,3 and 5 for the Table Q3d belowMarketing FINAL REIVEW QUESTION ONLY ANS NEED …BUT Right Answer please ……. NO EXPLANIATION thanks QUESTION 26 In the case of a recession, the Federal Reserve (Central Bank) to stimulate demand and the economy, it may a. Increase infrastructure spending by building bridges and highways b. Reduce taxes c. Lower interest rates d. Raise interest rates QUESTION 27 About 70% of Coca Cola revenues and profits come from sales outside the US. Therefore as the US currency loses value relative to the other main international currencies like the Japanese yen, euro, British pound, Korean won and as Coca Cola sales revenues and profits increase overseas then most likely a. Coca Cola profit denominated in American dollars decreases b. Coca Cola profit denominated in American dollars increases c. Coca Cola profit denominated in foreign currencies decreases d. None of the above QUESTION 28 According to Engel’s…